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Fan-financed band Scars on 45 has signed to a major label, earning a handsome payout for those fans who invested via music community Slicethepie
It's been a bad week for the music industry, as the first file-sharing trial ended in acquittal and Mandy got a slap on the wrist. But has anything changed?
Instead of relying on a record label or the band yuppie, bands can turn to music fans to help get started.
New company wants to enable music fans to invest in music groups like they would in publicly traded companies.